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Crown debt

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Topic: Crown debt

Posted By: joe manix
Subject: Crown debt
Date Posted: 03/December/2007 at 4:41am

Alert !!

Ontario Limitation Act 2002 effective Jan/1/04.

Statute of Limitations-

2 years less a day (sec.4) unless you acknowledge the debt.

Federal (Crown Debt) Sec 32 Crown Liability and Proceedings)

6 year statute of limitations.

If you look it up on the Net it will expand on the rules for other provinces.

Hope this helps.

JoeManix.

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j.r.

Replies:

Posted By: SolveStudentDebt
Date Posted: 04/December/2007 at 11:06am

You forgot to mention about debt owed to the province of Ontario. THere are no limitations with respect to action and/or proceedings to recover money owed. The two year limitation is for traditional consumption debt. The federal government has its own statute in force.

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Solve Student Debt specializes in solutions for students and graduates in student loan default, and those at risk of defaulting.

http://www.solvestudentdebt.com" rel="nofollow - solvestudentdebt.com

Posted By: joe manix
Date Posted: 06/December/2007 at 10:23am

I have a difficult time with this because that's what I was told by a Collection agency.

Crown debt no Statute of Limitations.
I even sent them a partial payment after TEN years after my Personal

Bankrupsy.

Then I investigated through the Min. of Finance.

In my case it was a "New Ventures Loan" catagorized as Student

loan through C.M.U.(collections management unit)

I refused to pay the balance and started a criminal investigation into the legitimacy of matters and was immediatly refunded my money and the

Govt. suddenly became the nice guy and closed my account.

I wouldn't write off the fact that Federal Law superceeds Provincial Law

in many matters where other avenues fail.

It might be worth investigating.

My Lawyer is perusing my file with consideration of litigation against

the Collection Agency.

Because they also stated no Bankrupsy would discharge me either,

so why did they suddenly back off and refund my $$$$ I'm intend to

find out.

It certainly wasn't because they were being nice to me.

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j.r.

Posted By: SolveStudentDebt
Date Posted: 06/December/2007 at 1:41pm

If that is what a collection group told you, it is wrong. Read the federal budget implementation act (bill c 28) and you will see. As for bankruptcvy, ther eis never any guarantee of a discharge. If the lender oposes, then they opose. If you were refunded money, who knows why. Your lawyer could easily find out.